Automotive Over The Air (Ota) Updates Market Worth $1.27 Billion In 2017’ Says New Visiongain Report
09 August 2017
Visiongain’s new report the Automotive Over the Air (OTA) Updates Market Report : Forecasts By Type (Software Over the Air (SOTA) (Map, App, Infotainment), Firmware Over the Air (FOTA) (Telematics Control Unit (TCU), Electronic Control Unit (ECU))) By Component (Controller, CarInfo, Download, Repo Update, Others) By Vehicle Type (Passenger Cars (Hatchback, Sedan, SUV), Heavy Vehicles, Defence Vehicles, Off-Road Vehicles) indicates that the global Automotive Over The Air (OTA) Updates will reach $ 1.27 Bn in 2017.
The lead analyst of the report said: “The Automotive Over The Air (OTA) Updates market is estimated to witness an exponential growth rate over the forecast period. With application of over the air (OTA) updates this enables a cost saving as compared to traditionally used manual processes. The application of over the air (OTA) updates provides allows new features to be incorporated in latest vehicles which are widely in demand from end users. OTA updates address the demand from the latest cloud based services which include navigation, voice recognition and voice command among others features which are in huge demand with customers. This is triggering market growth for automotive over the air (OTA) updates. Further, The infotainment systems used in modern day vehicles which may include embedded applications or feature software within automotive tsystems. It is expected that demand for infotainment software updates such as user interface and infotainment OS updates are expected to rise over the next five years. Further, telematics control units software over the air updates are expected to rise and are presently being implemented. This is positively driving the global market.
The 225 page report contains 298 tables, charts and graphs that add visual analysis in order to explain developing trends within the Automotive Over The Air Updates (OTA) market. Visiongain provides revenue forecasts for the period 2017-2027 for the leading Automotive Over The Air Updates (OTA) submarkets, namely systems, technologies and applications.
In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field of Automotive Over The Air Updates (OTA) including Airbiquity Inc., Delphi Automotive Plc., Fujitsu Ltd, Intel Corporation, Lear Corporation, Microsoft Corporation, NXP Semiconductors, Robert Bosch GmbH and Samsung Electronics Co., Ltd.
The Automotive Over The Air Updates (OTA) Market Report 2017-2027 report will be of value to anyone who wants to better understand the Automotive Over The Air Updates (OTA) market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in or those wishing to enter or expand into a different regional or technical part of the Automotive industry.
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